Sri Lanka's trade deficit in February 2014 narrowed by 20.7 percent to US$ 504 million as earnings from exports substantially increased while expenditure on imports declined during the month, the Central Bank said Monday releasing the External Sector Performance review.Earnings from exports in...

Sri Lanka's Opposition Leader Ranil Wickremasinghe says he aims to convey the party's vision and goals for the future of the country to the public and raise awareness in the current situation of the country.Speaking to ColomboPage exclusively, the Opposition Leader, who is currently finishing up a fellowship...

The UNP today accused the government of granting complete tax exemptions for James Packer and Ravi Wjeratne. Speaking at a press conference UNP MP Harsha De Silva charged that the government has planned to completely exempted them from the 12% VAT and 2% M.B.T and in place only imposed a new 5% casino...

Launching a scathing attack on Sri Lanka’s cricket officials over a possible move to conduct a disciplinary inquiry on the country’s most senior cricketers, a former Sri Lanka Cricket (SLC) chief today said it is a “foolish” decision taken by “brainless” officials.  It was reported yesterday that...

Angelo Mathews has been appointed the Captain of the ODI and Test team while Lasith Malinga appointed the Captain of the T20 team. Lahiru Thirimanne has been named as the Vice Captain of the ODI, T20 and Test teams, SLC said a short while ago.The SLC added that the appointment will be valid until March...

Internal documents obtained by a Canadian newspaper show that Ottawa has drawn up at least five scenarios in which it could be involved in the three-year Syrian conflict, including the deployment of Canadian Forces.The Ottawa Citizen paper said on Monday that while Canada’s federal government has no...

President Mahinda Rajapaksa worshipped at the Sri Dalada Maligawa in Kandy yesterday and received blessings for the Sinhala and Tamil New Year. The President is seen participating in religious observances before the Sacred Tooth Relic. Central Province Governor Tikiri Kobbekaduwa, Chief Minister Sarath...